TechPrecision Corporation posts <a href="https://laohu8.com/S/QTWO">Q2</a> net income of $0.2 million on $9.1 million revenue
TechPrecision Corporation reported financial results for the second quarter of fiscal year 2026, ending September 30, 2025. Revenue for the three-month period was $9.1 million, with a consolidated gross margin of 27% and gross profit totaling $2.5 million. Operating income was $0.5 million, compared to a loss of $1.8 million in the same period a year earlier. Net income was $0.2 million, versus a net loss of $2.1 million in the prior year quarter. For the six months ended September 30, 2025, revenue was $16.5 million, a 3% decrease from the previous year, while cost of revenue declined by 17% to $13.0 million. Gross profit increased to $3.5 million, and net income was $0.8 million, compared to a net loss of $0.6 million a year ago. The company reported a backlog of $47.8 million as of September 30, 2025, with expectations to deliver this backlog over the next one to three fiscal years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechPrecision Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1102184) on November 13, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.